Why Women Entrepreneurs Are Happier Than Male Entrepreneurs

The American workplace still lacks in equality for women. The gender gap is a present issue for a large amount of females in the workforce. However, in one field women are flourishing with success and happiness: entrepreneurship. According to Fast Company, a June report reveals that one in ten women are going into business for themselves, with a 1/3 aiming to expand to six or more employees.

The report goes on to suggest that women between 35 and 44 are most likely to run or start their own business. It is believed that this correlates with motherhood for many of them. With both jobs having demanding, flexible hours the women can work at a less rigid time structure. The report's lead author, Babson College associate professor of entrepreneurship Donna Kelley, suggests that entrepreneurship has value beyond economic and social value. Kelley goes on to state, "Clearly, entrepreneurship provides women a most satisfying career choice."

Even when starting a new business, women in the study reported to be slightly happier than males in the same position. This gets attributed to confidence in the business. It is believed that confidence leads to success, which creates action. That action leads to the belief that a person can succeed, no matter the result.

Furthermore, the report demonstrates exactly how happiness is a key factor to female entrepreneurs. According to the report, when a woman achieves success in her business their happiness is nearly triple to that of a woman who has an employer or does not have a successful business. This may have to do with American female business owners averaging higher salaries to other females in the workforce at $63,000 to $42,700.